815 ANN Ave | Saint Louis, MO 63104
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- LoopNet Team
815 ANN Ave
Saint Louis, MO 63104
Lafayette Lofts · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Capture higher yield by assuming the below-market 3.62% Fannie Mae loan with 9 years remaining, approx. 75% LTV
- Under tax abatement through 2026
- Gorgeous Ittner architecture provides charm, an abundance of natural light in units, spacious hotel-like hallways
- Iconic William Ittner-designed school underwent top-to-bottom renovation/conversion in 2017 into 36 loft-style apartments
- Located in the heart of Soulard neighborhood - one of St. Louis' oldest, most robust and central neighborhoods
- Unused indoor spaces and large outdoor spaces offer plenty of opportunity to add value with additional amenities
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Fitness Center
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | $962.50 | 576 - 722 |
| 2+1 | 27 | $1,350 | 732 - 1,015 |
PROPERTY TAXES
| Parcel Number | 077800-01501 | Improvements Assessment | $1,099,610 |
| Land Assessment | $131,590 | Total Assessment | $1,231,200 |
PROPERTY TAXES
Parcel Number
077800-01501
Land Assessment
$131,590
Improvements Assessment
$1,099,610
Total Assessment
$1,231,200
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